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Non-Tech : MB TRADING
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To: Eric P who wrote (1518)10/22/1998 7:52:00 PM
From: Rick Faurot  Read Replies (1) of 7382
 
Eric,

Thanks for the confirmation. I just filled an order outside the inside via ISLD so I knew it worked--and fast! My hunch is that you could always fill with ISLD outside the inside on stocks with reasonable volume--which is the only time you'd need to. I got into it trading Dell where you might have to go one or ticks above the inside ask to get filled.

Of course, the solution to the whole cross/lock problem with ISLD is to get a sharper insight as to the bottom on a dip you are trying to buy. If you hit the stall, you can buy all you want if you move really fast. Hesitation is what gets you into cross/lock kills. You let the other guys move first and they will close you out.

Rick
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